Crypto Billionaires: The Richest People in the Cryptocurrency Game

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In Brief
  • Cryptocurrency billionaires are growing massive fortunes.

  • Many crypto billionaires founded leading crypto businesses.

  • The USA and China are the leading countries with the most crypto billionaires.

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In the past, billionaires grew their fortunes from industries creating physical products. From gold rush empires to business tycoons, finding a resource or making a product was where you were likely to strike it rich.

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Now, a new class of billionaires has been born out of the digital age gold rush. The richest in crypto are proving that their early investment and commitment to this new financial frontier was worth it. 

From crypto mining magnates to exchange CEOs, these billionaires are making their fortunes across the cryptocurrency fields. 

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Much like other net-worth calculations, it’s hard to identify exactly how much each person has. However, this is even harder when it comes to incredibly volatile and anonymized cryptocurrencies. Some are billionaires one day and millionaires the next as the market shifts.

We’ve collated a list of those with the highest estimated net-worth based on research by Forbes and Traders of Crypto

Micree Zhan

Source: @katari_clark/Twitter

Estimated net worth: $3.2 billion 

Our first billionaire is Micree Zhan, the co-founder of Bitmain. Based in China, it is the world’s largest cryptocurrency mining company. 

Zahn built the ASIC chips that power Bitmain’s hardware. However, after a long power struggle with other company executives, he was ousted in 2019. He regained his position in the company after buying up shares from other stakeholders. 

Chris Larsen

Source: @Pulchrasyrenix/Twitter

Estimated net worth: $3.4 billion

Chris Larsen is a co-founder of Ripple. The payments solution company uses blockchain technology for ease of transacting. Although he stepped down as CEO in 2016, he remains an executive chairman of the company. 

Notably, Ripple has proved a massive success, with banks such as American Express and Santander being among its customers. This cemented Larsen as a cryptocurrency billionaire.

Changpeng Zhao

Source: @btchaberleri8/Twitter

Estimated net worth: $2.6 billion

Changpeng Zhao is the CEO and founder of Binance, the largest cryptocurrency exchange in the world. This successful venture catapulted Zhao to billionaire status.

However, Binance wasn’t his first attempt at building for the crypto market either. This businessman began his career in cryptocurrencies developing Blockchain.info, a crypto explorer service. 

Jihan Wu

Source: @Antminer_main/Twitter

Estimated net worth: $1.8 billion

Another Bitmain co-founder makes the list. Jihan Wu stepped down as co-CEO in 2019 to found another cryptocurrency venture, Matrixport. It offers financial services for cryptocurrencies. 

In addition to Bitmain, this billionaire may be best known for his support of the Bitcoin fork, Bitcoin Cash. This is because of his strong belief in increasing Bitcoin transaction capacity. 

Cameron and Tyler Winklevoss

Source: @CoinsMeij/Twitter

Estimated net worth: $1.4 billion

Cameron and Tyler Winklevoss are known by most for their lawsuit against the Facebook founder, Mark Zuckerberg. However, those in the crypto-world know them best for their significant investment in bitcoin. 

These twin billionaires co-founded the Gemini cryptocurrency exchange, which has become incredibly successful. Recently it processed up to $300 million in daily transactions. It is estimated they own $11 million worth of bitcoin, although they have not confirmed this themselves. 

Honorable Mention: Satoshi Nakamoto

Estimated net worth: $34.9 billion

The wealthiest of all crypto billionaires’, his real identity is a complete secret. Satoshi Nakamoto, the creator of Bitcoin, is still unknown, with continued speculation about whether they are one person or a group. 

Despite their anonymity, Nakamoto is estimated to have 1 million bitcoin. This puts him past all the other billionaires who have built on their work. 

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
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After working in news and lifestyle journalism, Leila decided to bring her interest in cryptocurrencies and blockchain to her day job. She now runs the Features and Opinions desk at BeinCrypto which fits perfectly with her enthusiasm for crypto's social and political impact.

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